Two-bedroom third-floor investment with garage and immediate rental income.
Let at £6,600 pa under a regulated tenancy (£550 pcm)
Approximately 37 years unexpired on the 99-year lease
Will be sold at public auction; no internal viewings
Mortgage lenders likely to refuse due to short lease
Garage and small garden included with the flat
Electric room heaters; EPC rating D — needs energy upgrades
High-crime, very deprived area — consider management costs
Administration fee and any special costs payable on completion
This third-floor, two-bedroom flat is offered as a leasehold investment with an existing regulated tenancy producing £6,600 per annum. Located in a mid-20th century block with communal grounds, the property includes a garage and small garden and is convenient for local amenities and routes into Birmingham city centre.
Important investment considerations are clear: the lease has about 37 years remaining and many mortgage lenders will likely refuse to lend against the property. The sale will be by public auction, with no internal viewings arranged; bidders should review the legal pack and factor in the auction administration fee and any special costs in the pack.
The apartment is electrically heated with room heaters and has an EPC rating of D. The building dates from 1967–75 and the flat will suit buyers prepared to carry out updating and energy improvements. The current ground rent is £75 per year.
The wider area is a busy urban neighbourhood with high recorded crime and significant deprivation; local schools include several rated Good and two Outstanding secondary options. This lot is best suited to a cash buyer or specialist investor familiar with short-lease acquisitions and auction procedure.
2 bedroom ground floor flat for sale in Limberlost Close, Birmingham, B20 — £70,000 • 2 bed • 1 bath • 593 ft²
3 bedroom apartment for sale in 10 Darfield Walk, Birmingham, B12 0UA, B12 — £79,000 • 3 bed • 1 bath • 903 ft²
3 bedroom apartment for sale in Flat 36 West Point, Hermitage Road, Edgbaston, Birmingham, B15 3US, B15 — £10,000 • 3 bed • 1 bath
2 bedroom apartment for sale in Flat 7 West Point, Hermitage Road, Edgbaston, Birmingham, B15 3US, B15 — £10,000 • 2 bed • 1 bath
1 bedroom flat for sale in Flat 33 Kendal Tower, Malins Road, Birmingham, B17 0JY, B17 — £10,000 • 1 bed • 1 bath • 607 ft²
1 bedroom apartment for sale in Flat 3, 11 Clent Way, Quinton, Birmingham, B32 4NN, B32 — £46,000 • 1 bed • 1 bath • 555 ft²


